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$254,000

NAL Estimated Property Value

5645 Michael P Anderson Ln, El Paso, TX, 79934

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,716 Sq Ft
price_per_sqft$145.7 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDishwasher, Dryer, Free-Standing Gas Oven, Refrigerator, Washer
FlooringTile, See Remarks, Carpet

Exterior

Lot Size4,746 sqft

Building Information

Year Built2005
Roof Type105
Garage Spaces2

Land Information

APNC742-999-0040-5500
Lot Number55
SubdivisionColumbia North
Land UseResidential
Legal Description4 COLUMBIA NORTH LOT 55 (4746.00 SQ FT)
Census Tract010212
Assessed Land Value$42,578
Assessed Improvement Value$207,447
Assessment Year2025

About this property

Easy access to highway 54. Solar panels also INCLUDED over a $25,000 value paid by the the owner. giving you a lower electric bill, owners even get credit from electric company in some months. Mountain views from the backyard. Roof shingle has also been replaced in recent years, Refrigerated a/c was recently was installed. New floor tile just installed in Dec of 2024 in the downstairs living areas and hallway and guest bathroom. Good size kitchen with plenty of counter space, large master bedroom downstairs with walk-in closet. an additional 1/2 bath downstairs to accommodate guest. Utility room equipped with washer and dryer, upstairs you will find 2 more bedrooms with a full bath and a loft which can also be another bedroom.

Investor Tools

Property Icon
$254,000
Estimated Property Value
$137,810Estimated Mortgage Balance
$116,190Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,524 /month
Positive
Cash Flow Estimate:
$508 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$387/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,376
$250,025
2025
$42,578
$207,447
$250,025
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,376
$250,025

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gecu Fcu
Stand Alone Second / Subordinate Position
$140,067
No
First
Jun 23, 2025
Jun 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$137,810
$116,190
45%
54%
$840/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,810/mo
$840/mo
+$970/mo
8.6%

City: El Paso

5645 Michael P Anderson Ln | Property Details | No Agent List